How Much Does a Bad Hire Cost You?
Why is it crucial to hire right the first time around? Every bad hire negatively impacts your budget, ROI, employee loyalty, and more! For instance, “ASTD estimates that U.S. organizations spent $125.88 billion on employee learning and development in 2009. For a small business with only 64 employees, the cost of turnover is just shy of $8,000.”
Take a look at this startling infographic to see how the cost of a bad hire can affect your company.
Originally published on Recruiter.com by Rachel Lorinda.
Our Services
Industries We Serve
Related Posts
View all posts-
Employers
5 Strategies for Manufacturers to Prepare for Trump’s Rising Tariffs
Trump’s proposed tariffs may raise costs—these five strategies keep manufacturers competitive.
-
EmployersCareer Seekers
How to Refer Someone for a Job Effectively (with Examples)
Job referrals are powerful tools. In this article, we’ll show you how to refer someone for a job effectively.
-
Employers
What Is a Burden Rate in Construction? Tips to Reduce Costs
What is a burden rate in construction? We’ll break it down and provide tips to help you reduce these costs and improve profitability.